Borrow Money to Buy a Taco Mayo Franchise

Need a loan to buy a Taco Mayo franchise? The Yukon National Bank has a history of making these loans and they are guaranteed by the SBA.

Taco Mayo franchise loans are available to El Reno, Oklahoma entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, The Yukon National Bank, based in Yukon, Oklahoma, issued an SBA franchise loan for a Taco Mayo franchise in 2005. We've got all the details on this Oklahoma small business loan.

SBA Loan Borrower

TACO MAYO
EL RENO, OK 73036

SBA Loan Lender

THE YUKON NATIONAL BANK
401 ELM ST
YUKON, OK 73099

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

2/23/2005

Loan Approval Gross Amount

$195,000

Loan Approval from the SBA

Of the total $195,000 loan amount, the SBA guaranteed $146,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Taco Mayo franchise. At the time of the loan, the company had 15 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like The Yukon National Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Obtaining Funding - How to Borrow Money

SBA Banks in Yukon, Oklahoma

Oklahoma SBA 7A Lenders